Munich Re offloads more Admiral shares

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Reinsurance News - Nov 11, 2022

Munich Re, one of the world’s largest reinsurance companies, has lowered its stake in London-based insurer Admiral to roughly 1.8%. The German reinsurer has sold a further 7.4 million shares in Admiral in a placing at 2,023p per share. It comes roughly a year after Munich Re sold 12.1 million...

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